Tag Archives: Financial Crisis

Some of the industry’s greatest minds discuss the lessons they learned during the housing crisis, and how it’s shaping their stance on housing policy today. Editor’s Note: This story was originally featured in the April issue of DSNews, out now.

New York Attorney General Eric T. Schneiderman this week announced a $500 million settlement between the state and Royal Bank of Scotland. The settlement relates to claims that the bank misled investors over the quality of risky mortgage-backed securities leading ...

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

In a speech at the Federal Reserve's annual conference, Janet Yellen looked back at the financial crisis—as well as the insights, lessons, and reforms that came out of it. Read on to see more of Yellen's remarks.

Nearly a decade of scrutiny from the U.S. government ended on Friday when federal prosecutors decided not to pursue their case against ex-Countrywide Financial CEO Angelo Mozilo.

Bank of America has been fighting for nearly two years to reverse a $1.27 billion penalty over Countrywide's "Hustle" mortgage program. Why did an appellate court reverse that penalty on Monday?

While the single-family rental market is one area that will continue to provide opportunity in the REO marketplace, the question remains: What’s next for the banks, servicers, and investors who touch the REO sector nearly a decade past its high? This select print feature originally appeared in the May 2016 issue of DS News.

New York Fed President and CEO Bill Dudley discussed some of the regulatory responses to the crisis that changed the way the central bank supervises institutions, including changes brought on by Dodd-Frank.

Despite a memo issued by the Justice Department in September promising to seek prosecution of individuals for their role in the financial crisis, it has not happened in the last five months even after the announcement of three notable settlements with large financial firms.

Will there be another financial crisis similar to the one the U.S. experienced in 2007-08? We've taken some precautions, said Bankrate.com Senior Economic Analyst Mark Hamrick says it's the problems that have not been defined that we need to worry about.